Human Capital: Page 48


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    CFOs on the Move: Week Ending October 26

    Manufacturer Terex Corp. has announced that finance chief Phil Widman is retiring, but will remain in his post into the first half of next year. A search is under way for his successor.VMware Inc. has named Jonathan Chadwick to head finance, effective November 5. He is a former CFO of Skype and o...

    By Joan Urdang • Oct. 25, 2012
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    Paid FICA Taxes on Severance Pay? Claim a Refund Now

    Editor’s Note: This article is one of three submissions CFO received from attorneys regarding an important court decision on FICA taxes for severance pay. While each reaches similar conclusions, each also contains a unique discussion of the issues involved in the case. Read the other two articles...

    By Jeff Mamorsky • Oct. 23, 2012
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    Many Employers to Get FICA Tax Refund Windfall

    Editor’s Note: this article is one of three submissions CFO received from attorneys regarding an important court decision on FICA taxes for severance pay. While each reaches essentially the same conclusion, each also contains a unique discussion of the issues involved in the case. Read the other ...

    By Andrew Liazos • Oct. 22, 2012
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    Watch Out for Fly-by-Night Health Insurers

    A lawsuit brought by a large not-for-profit organization based on what appears to be fairly straightforward legal issues may nonetheless point to the need for small and midsize companies to be careful about where they get insurance for employee health benefits.International Schools Services (ISS)...

    By Oct. 19, 2012
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    Elections Will Set CFOs Free

    Frank Friedman is CFO and managing partner, finance and administration, for Deloitte LLP.Election season brings with it uncertainty for business leaders, and this fall is no exception. With the makeup of Congress and the White House up for grabs, the last several months have been difficult for ma...

    By Frank Friedman • Oct. 18, 2012
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    CFOs on the Move: Week Ending October 19

    Thor Industries Inc. has announced that CFO and treasurer Christian Farman has resigned. Colleen Zuhl, director of finance at the recreational-vehicle manufacturer, will take over as interim CFO.Allscripts has appointed Richard Poulton as its new finance chief, replacing interim CFO David Morgan....

    By Joan Urdang • Oct. 18, 2012
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    Eight Tips for Assessing Private Health Exchanges

    What factors should employers consider in selecting a private health-insurance exchange? There are several, and if you want to get right to them, scroll down. But first, a digression.Some benefits consultancies, which most companies hire to help with plan design, selection, and compliance, are be...

    By Oct. 16, 2012
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    CFOs on the Move: Week Ending October 12

    Jim Muehlbauer, who holds the top finance spot at Best Buy Co., is leaving the firm. A search is under way to replace Muehlbauer, who joined the company in 2002.Federal Signal Corp. has named Braden Waverley as its interim CFO. He takes over from Bill Barker, who will become finance chief at Trus...

    By Joan Urdang • Oct. 11, 2012
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    Are Risk Managers Missing the Boat?

    Lately I’ve talked with two risk management experts who expressed their disappointment in the direction many in risk management have taken—or they might say lack of direction.One risk management and insurance industry expert was explaining that captive insurance companies, corporate subsidiaries ...

    By Caroline McDonald • Oct. 11, 2012
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    Leading the Charge

    By almost any standard, Visa is an uncommonly successful company. One of the planet’s best-known brands, the $9.2 billion (2011 revenues) payment-card giant operates the world’s largest retail electronic payments network. Visa’s stock, which debuted at $44 in 2008 in the largest initial public of...

    By Edward Teach • Oct. 8, 2012
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    The Boom in Global Talent

    After years of emphasizing worker training and education, emerging markets such as India, China, Brazil, and Eastern Europe now have labor surpluses — and not just of the manufacturing and construction workers whose low wages have attracted outsourcing and driven global expansion for a quarter ce...

    By Bonnie Evans • Oct. 8, 2012
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    Health Reform: The November Issue

    The extreme polarization of American politics means that the national elections in November could have a profound effect on the fate of health-care reform. Much is potentially at stake for the economy, the health of the citizenry, and certainly corporate budgets. Here is what to expect, depending...

    By Oct. 8, 2012
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    The Long and Winding Road

    Forget what they say: Change is easy.But continuous change is hard. That may be why so many finance and procurement executives, even as they push for improvements in financial and administrative processes, believe that they could do more. “There are situations where we feel that we can go further...

    By Josh Hyatt and Matt Surka • Oct. 8, 2012
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    “Private Exchanges” Could Trigger Health-Benefits Revolution

    This is the first installment in a three-part series that introduces the just-burgeoning world of private health-insurance exchanges. Part 2 fleshes out the case for private exchanges and suggests some drawbacks. Part 3 examines the vendors in the market and their products.Barely more than two ye...

    By Oct. 8, 2012
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    From Corporate Finance to the Archbishop of Canterbury?

    As biblical orthodoxy puts it, you cannot serve both God and mammon. Twenty-five years ago, having chosen to serve God and study theology, Justin Welby gave up an 11-year finance career that had seen him rise to the ranks of group treasurer with a major U.K. company, Enterprise Oil. Ordained as a...

    By Andrew Sawers • Oct. 5, 2012
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    CFOs on the Move: Week Ending October 5

    Bernard Gutmann has been promoted to CFO at ON Semiconductor Corp. He succeeds Donald Colvin, who announced his resignation in August and will stay at the company until the end of the month. Gutmann had been vice president, corporate analysis & strategy, of Semiconductor Components Industry L...

    By Joan Urdang • Oct. 4, 2012
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    The CFO as Casting Director

    During a panel session at the CFO Rising West conference in Las Vegas this week, three seasoned CFOs discussed the ever-changing, ever-expanding role played by today’s finance chiefs. Equipped with just two hands and only so many hours in a day, how do they cope?In a single phrase: they hire the ...

    By Taylor Provost • Oct. 3, 2012
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    Talkin’ About Y Generation

    Generation Y workers aren’t slackers, they’re just misunderstood. And they need a whole lot of interaction with their bosses.That’s what Wilson Standish, account manager at research and consulting firm Trendera — and a member of Generation Y himself — told a crowd of CFO Rising West attendees in ...

    By Taylor Provost • Oct. 2, 2012
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    CFOs on the Move: Week Ending September 28

    Yahoo has appointed Ken Goldman to the top finance spot, effective October 22. He replaces Tim Morse, who will leave the firm later this fall. Most recently, Goldman headed finance at Fortinet.Carol Sawdye has been named CFO and vice chair of PricewaterhouseCoopers. She previously was at the firm...

    By Joan Urdang • Sept. 28, 2012
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    The Steelcase Finance Team: a Moveable Feast

    In the killing-two-birds-with-one-stone department, $2.7 billion office-furnishings maker Steelcase has created a more collaborative work environment for its finance team: one that also serves as a showroom-like setting for viewing by prospective corporate customers that visit company headquarter...

    By Sept. 27, 2012
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    Why Your Company Should Have More ‘Slackers’

    CFOs make all kinds of investments, but how about investing in more down time for employees? That may sound like a recipe for creating a bunch of slackers, but in fact the idea of optimal slack in a system is as fundamental to talent optimization as it is to engineering. Planned and mindful slack...

    By John Boudreau • Sept. 27, 2012
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    Could a CFO Run the Bank of England?

    For years it’s been known that Bank of England Governor Sir Mervyn King would be stepping down in June 2013 at the expiry of his second five-year term. In mid-September, The Economist magazine finally carried the formal job ad for the much-coveted role – one that currently pays £305,000 ($494,175...

    By Andrew Sawers • Sept. 25, 2012
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    CEO, CFO Make Clean Break of It – In Public

    Usually when a chief executive officer decides to part company with his CFO, the public pronouncements are couched in the sort of diplomatic language that makes the two parties look like founding members of a mutual admiration society. And usually, few are convinced by the press releases that tal...

    By Andrew Sawers • Sept. 25, 2012
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    Good-bye COO, Hello More Responsibility

    For all the talk about CFOs being CEO candidates, the jump is still a rarity at large companies. But the gradual, long-term waning of the chief operating officer title from the corporate landscape may make it more common in the future.That decline has been steady since 2000, when 47% of the 669 c...

    By Sept. 24, 2012
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    CFOs on the Move: Week Ending September 21

    The Goldman Sachs Group has announced that CFO David Viniar plans to retire at the end of January 2013 and will join the board as a nonindependent director then. He will be succeeded by Harvey Schwartz, global co-head of the securities division.Karen Dykstra has been named to lead the finance fun...

    By Joan Urdang • Sept. 21, 2012